
The South-Eastern Route (SEEP) has more chances to be chosen by Shah Deniz consortium to transport Azerbaijani gas to the European market, political risk analyst at Menas Associates in London, focusing on Caspian energy and political issues Alexander Jackson said.
"It would use a lot of existing infrastructure," Jackson said. "Therefore it would be cheap and easy to build." Talking about the prospects about the Southern Gas Corridor projects, Jackson said that the smaller pipelines - TAP and ITGI are more realistic.
Nabucco project, which is designed to transport gas from the Caspian region and Middle East to the European countries, looks extremely vulnerable at the moment, Jackson said. "It is a very expensive, time-consuming project, and there is not much appetite for it at the moment," he said.
Jackson said that one of the main challenges for the projects is to find enough money. That is why the consortium is likely to choose a cheap and flexible pipeline. "Nabucco has the additional problem of finding enough suppliers to fill the pipeline: the other options are smaller and do not face this challenge," he said.
The plans of Azerbaijan and Turkey to build a separate Trans-Anatolian Pipeline (TANAP) were another unexpected challenge. "This has significantly complicated the situation and may undercut pipeline plans," Jackson said.
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